Metropolitan Housing and Communities Policy Center
Claudia Ayanna Sharygin is a Research Associate at the Urban Institute's Metropolitan Housing and Communities Policy Center. Her research in the areas of real estate and urban economics focuses on the effects of housing market fluctuations on household financial decision making (including spending and investment decisions) and on household composition and family structure. She is also interested in the effects of household composition and family structure on individual financial decisions.
Claudia received an AB magna cum laude in economics from Harvard University in 2002, an M.Sc. in economics and philosophy from the London School of Economics in 2003, and a Ph.D. in economics from the University of California, Berkeley in 2009. After receiving her Ph.D., Claudia spent two years as a Postdoctoral Research Fellow at New York University?s Furman Center for Real Estate and Urban Policy. During her tenure at Berkeley, Claudia was a Ford Foundation Predoctoral Fellow, and her research on house price uncertainty and housing investment received funding from Berkeley?s Fisher Center for Real Estate and Urban Economics and the Institute of Business and Economic Research. Claudia also spent a summer conducting dissertation research at the Federal Reserve Board of Governors in Washington, D.C. At NYU?s Furman Center, Claudia pursued research projects both with University faculty and researchers at the Federal Reserve Bank of New York.
Class and Color in the Credit Crunch (Research Report)
|Viewing 1-2 of 2. Most recent posts listed first.|
Low and moderate-income mortgage borrowers, and borrowers of color, withdrew from the market disproportionately during the Great Recession and have not returned, even as total lending activity has begun to recover. While these potential borrowers are applying for loans in increasing numbers, their denial rates have increased since 2009. This shift is especially surprising since communities of color, particularly Hispanics, continue to increase their share of the population. While housing finance policy cannot target the central factors driving these disparities, it should avoid creating barriers to obtaining mortgage credit for qualified borrowers and the financial benefits of homeownership.
How Would Reforming the Mortgage Interest Deduction Affect the Housing Market? (Research Brief)
|Posted to Web: October 24, 2013||Publication Date: October 24, 2013|
Opponents of MID reform warn that reducing the deduction would undermine the value of owner-occupied homes and impede the recovery of the depressed housing market. The best available evidence predicts far less dire effects and suggests that some reforms could actually bolster the housing market recovery. However, the results are far from definitive. As debate continues, the Urban Institute plans to further explore behavioral and market changes, strengthening the evidence upon which policymakers can rely.
|Posted to Web: March 26, 2013||Publication Date: March 26, 2013|
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